14B Harbour St
Toronto, ON, M5J 2Y4
10 242 Penetanguishene Road
Barrie
L4M 7C2
$449,999
Residential Condo & Other
beds: 4
baths: 4.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- S13857138
- Bedrooms:
- 4
- Bathrooms:
- 4
- Photos (11)
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**TURNKEY INVESTMENT OPPORTUNITY!** Welcome to 10-242 Penetanguishene Road. A unique and income producing townhouse offering an excellent opportunity for investors seeking strong rental income with tenants already in place. The property generates $3,300/month in gross rental income. This fully tenanted property offers immediate cash flow from day one. New washer and dryer were installed in 2023. At an asking price of $449,999, the property offers an approximate 9.9% gross rental yield with estimated known annual expenses of approximately $12,652 and an estimated NOI of approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee. Whether you're an experienced investor looking to add to your portfolio or searching for a property with multiple income streams, this is an opportunity worth exploring.
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Townhouse
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1400-1599
- Exposure:
- South
- Bedrooms:
- 4
- Bathrooms:
- 4.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 4
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 9
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Storey:
- 1
- Balcony:
- None
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Reserved/Assigned
- Parking Type:
- Exclusive
- Parking Spaces:
- 0
- Total Parking Spaces:
- 1.0
- Locker:
- None
- Family Room:
- No
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $428.76
- Maintenance fees include:
- Common Elements Included, Building Insurance Included, Parking Included
- Taxes:
- $3,566.04 / 2026
- Assessment:
- $- / -
- Simcoe
- Barrie
- Georgian Drive
- Primary Bedroom - Main Floor, Water Heater
- Yes-with Restrictions
- Hot water tank
- Brick
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 15'11¾" × 12'
- Main
- Kitchen
- 15'11¾" × 8'
- Main
- Bedroom
- 11' × 8'6"
- 3 Pc Ensuite
- Main
- Bedroom
- 13' × 8'
- 3 Pc Ensuite
- Second
- Bedroom
- 11' × 8'
- 3 Pc Ensuite
- Second
- Bedroom
- 11' × 8'
- 3 Pc Ensuite
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Ensuite
- Condo Corporation Number:
- 420
- Property Management Company:
- Bayshore Property Management
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Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated October 7, 2026 at 12:15 AM (UTC)
Area Statistics
- Listings on market:
- 49
- Avg list price:
- $449,999
- Min list price:
- $349,999
- Max list price:
- $850,000
- Avg days on market:
- 45
- Min days on market:
- 1
- Max days on market:
- 176
These statistics are generated based on the current listing's property type
and located in
Barrie. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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